Challacollo Project
Challacollo
Country Chile 
Close to Iquique
Status ADVANCED DISCOVERY 
Surface 40 km² / 9,884 acres
Latitude / Longitude 21 S 8 / 69 W 11
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Last updated on 2/25/2010 - Terms of Use
Risk and valuation analysis of the Challacollo Project
Status Risk : Advanced discovery
Country Risk : Light
    Link to technical report
Title(s) of the Challacollo Project
Silver Standard Resources Inc.
Owner: 100%
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The Gildemeister family held the property since 1896 under the name Minera Challacollo until 1998 when it was sold to Sociedad Contractual Minera Septentrion (SCMS). Silver Standard Resources Inc. signed a lease option to purchase agreement with Minera Septentrion in the fall of 2001.
Location of the Challacollo Project
Challacollo is located 130 kilometers southeast of Iquique, a major port in northern Chile. Access is good, with the Pan American Highway passing 30 kilometers west of the property. A main power grid is located 15 kilometers north of the property.
 
History of the Challacollo Project
Silver Standard began exploration at Challacollo in 2001 and prepared a resource estimate in 2003. Based on the resource estimate, a scoping study was prepared by Kappes, Cassiday & Associates, which, though requiring updating, contemplates a mine plan producing
 
Geology of the Challacollo Project
Geologically, Challacollo is located along a strong north-south lineament that includes a number of copper deposits to the north, with a possible east-west lineament postulated between major copper deposits to the east and Challacollo. As a result, Challacollo is considered highly prospective for the discovery of additional mineralization.
 
Exploration and drilling
2/7/2014Completes Sale of Challacollo Project
12/20/2013to sell Challacollo Project
Location
Data last updated on : 3/31/2006
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